Discord bans the r/WallStreetBets server, but new ones have sprung to life, Sign up for the The WallStreetBets Discord server has been banned, ... Full Series Review. WallStreetBets, the investor coalition that gained fame for boosting stocks from its perch on Reddit, was banned by the communications platform Discord for … Although the original r/WallStreetBets Discord server was banned, the subreddit now links to what appears to be a new official server. Kyle Orland - Jan 28, 2021 2:37 pm UTC. There’s now a new version of the r/WallStreetBets server on Discord, and multiple members of Discord’s staff are present on the moderator list, in addition to others from the community. Discord didn’t ban r/WallStreetBets because of financial fraud but instead said it had allowed “hateful and discriminatory content after repeated warnings,” according to the report. WallStreetBets is a place where users post their stock holdings and talk about their trades. That room was golden and the people that run it are awesome. Over the past few months, we have issued multiple warnings to the server admin. newsletter, also went dark and also returned on Wednesday evening, Reddit vs. Wall Street: the latest in the GameStop saga, How r/WallStreetBets gamed the stock of GameStop, made the entire r/WallStreetBets subreddit private as well, GameStop’s stock was on the rise again, until it wasn’t. Engadget is part of Verizon Media. 364k members in the WallStreetbetsELITE community. Update, January 28th, 12:54PM ET: Updated to reflect that there are at least two new Discords that have replaced the original banned server. Check out this video from my colleague Tom Warren to get an idea of what was like (note: you may want to turn down your volume before clicking play, as the voices are quite loud): the main Discord call for wallstreetbets is true online chaos pic.twitter.com/cq8QOyHj6m. Like the Discord, it also went dark and also returned on Wednesday evening — though in that case, it was the sub’s own moderators who set the sub to private. In the wake of Discord banning the WallStreetBets server for inappropriate content, the moderators of r/WallStreetBets made the subreddit private … Discord Gives WallStreetBets Another Chance and Offers Help. The server has been on our Trust & Safety team’s radar for some time due to occasional content that violates our Community Guidelines, including hate speech, glorifying violence, and spreading misinformation. We and our partners will store and/or access information on your device through the use of cookies and similar technologies, to display personalised ads and content, for ad and content measurement, audience insights and product development. Update January 27th, 9:05PM ET: Added that a r/WallStreetBets links to a new Discord. How Reddit posters made millions as Wall Street lost billions on GameStop's wild stock ride. WallStreetBets, the subreddit behind engineering GameStop’s record-shattering stock price surge over the past week, has been banned from Discord for hate speech, The Verge reports. To enable Verizon Media and our partners to process your personal data select 'I agree', or select 'Manage settings' for more information and to manage your choices. WallStreetBets was temporarily blocked by messaging platform Discord on Wednesday, while overrun moderators also took down the group themselves briefly. The WallStreetBets Reddit channel briefly went private on Wednesday in response to millions of new users pouring in. By choosing I Accept, you consent to our use of cookies and other tracking technologies. Read the full story here. 9.3m members in the wallstreetbets community. Discord welcomes a broad variety of personal finance discussions, from investment clubs and day traders to college students and professional financial advisors. The subreddit’s Discord chat server was also banned for alleged hate speech. Discord has banned the r/WallStreetBets server, the company confirmed to The Verge — but that hasn’t stopped hundreds of thousands of its members from forming at least two new servers where they’ve continued to pump stocks like GameStop, AMC and more to unprecedented highs, with GameStop in particular briefly hitting $483 a share on Thursday morning. Find out more about how we use your information in our Privacy Policy and Cookie Policy. Discord Inc said on Wednesday it has removed Reddit's WallStreetBets server from its platform for violating its guidelines on hate speech and spreading misinformation. Before this month, WallStreetBets was a little-known subreddit for everyday people to talk about stocks. Discord has banned the r/WallStreetBets server, the company confirmed to The Verge. It was banned following repeated warnings for allowing hate speech. Moments after confirmation of the Discord ban surfaced online, the official r/wallstreetbets subreddit was set to private by its moderators, but has since been made public again. The Discord calls and many of the memes are often full of profanity or racial slurs, leading Discord to ban the r/WallStreetBets server last night. Reddit's WallStreetBets is back, taking on GameStop stock after intentional lockdown. Rhett Jones. Discord bans WallStreetBets as subreddit briefly goes private [Updated] Robinhood app restricts stock purchasing as regulators express worry. Discord says it did not ban the WallStreetBets server for financial fraud — rather, it was banned because it continued to allow “hateful and discriminatory content after repeated warnings.” The Verge gained access to the server and can confirm the claim that users of the channel were spamming hateful language, including racial slurs. WallStreetBets - a community of young retail investors - was purged from gaming messaging service Discord after they were tied to huge price surges on Wednesday. The group chat service banned the server associated with the wildly popular WallStreetBets subreddit Wednesday, saying … The problem is, that discord uses certain criteria to determine if a server is able to police itself, and those criteria happen to be fairly harsh on repeat (even if swallowed by the noise/message stream) disability mocking. The saga is already set to be one of 2021’s biggest stories of the year, as the world marvels at how individual investors are banding together to take advantage of Wall Street hedge funds, and wondering when the bubble might pop. The notorious “WallStreetBets” Reddit forum that helped fuel the GameStop stock surge had its server banned from a messaging platform for “hate speech” on Wednesday.. To learn more or opt-out, read our Cookie Policy. To be clear, we did not ban this server due to financial fraud related to GameStop or other stocks. You can change your choices at any time by visiting Your Privacy Controls. 1/28/21 3:35PM. You have found the place. We are monitoring this situation and in the event there are allegations of illegal activities, we will cooperate with authorities as appropriate. Please also read our Privacy Notice and Terms of Use, which became effective December 20, 2019. The image is also associated with a series of photoshop exploitables featuring mock text message conversations between a landlord and a prospective renter. (Image credit: wallstreetbets) And there are others who, at least publicly, share that optimism. Today, we decided to remove the server and its owner from Discord for continuing to allow hateful and discriminatory content after repeated warnings. Continue Reading Show full … I'm criticizing the incentives Discord's polices create for … (It traded around $4 early this year.) Like 4chan found a bloomberg terminal WallStreetBets Discord user Housecat's portfolio shows a precipitous drop in GME share price. Discord had taken down WallStreetBets earlier in the evening, saying the community continued to allow hateful and discriminatory content despite repeated warnings. Discord has banned the server used by the controversial subreddit r/WallStreetBets for what it says are repeated violations of the company’s hate speech policies. The bold text was present in the original post. On Thursday the WallStreetBets server was banned by Discord for alleged hate speech and spreading of misinformation. "You must be invited to visit this community," its page, where participants discuss stock trading, showed earlier when access was attempted. Members of Reddit’s r/WallStreetBets page also took aim at Discord, labelling the platform’s treatment of the community as “pretty unethical”. We use cookies and other tracking technologies to improve your browsing experience on our site, show personalized content and targeted ads, analyze site traffic, and understand where our audiences come from. By Stephen Gandel Updated on: January 29, 2021 / 8:45 AM / MoneyWatch FOX Business’ Paul Best contributed to this report. Discord did us dirty and I am not impressed with them destroying our community instead of stepping in with the wrench we may have needed to fix things, especially after we got over 1,000 server boosts. That is pretty unethical. Market Insider is a business news aggregator for traders and investors that proposes to you the latest financial markets news, top stories headlines and trading analysis on stock market, currencies (Forex), cryptocurrency, commodities futures, ETFs … These Discord servers are offshoots of the r/WallStreetBets subreddit, where all of this seemingly began. Discord later said it was working with WallStreetBets leaders to moderate a new server. You know as well as I do that if you gather 250k people in one spot someone is going to say something that makes you look bad. The page also said that it was facing technical difficulties due to an "unprecedented" scale of newfound interest in the server. Enjoy actual free … Reddit’s WallStreetBets subreddit is the driver of an unprecedented rally of … “Discord did us dirty and I am not impressed with them destroying our community instead of stepping in with the wrench we may have needed to fix things, especially after we got over 1,000 server boosts,” one of the moderators said. Polite Cat is a nickname given to a cat staring at the camera with what has been described as a "polite" expression on its face. Subscribe to get the best Verge-approved tech deals of the week. Shortly after Discord banned the server, the moderators made the entire r/WallStreetBets subreddit private as well, taking it dark for nearly an hour. 132 votes, 27 comments. 1h-27. ... View Full … A new Discord server for the Reddit community r/WallStreetBets was online on Thursday morning, less than 24 hours after it was banned for hosting "hateful and discriminatory content.". But the community has been banned from Discord as AMC, GameStop stocks go wild. Discord is not going long on r/wallstreetbets. During the time the Discord server was live, it was chaotic, with messages coming in at a rapid rate and many voices talking over each other simultaneously. What is Market Insider? In the conversation, the landlord tells the renter that they do not allow pets. r/WallStreetBets describes itself as “like 4chan found a Bloomberg Terminal,” and many comments on the subreddit contain offensive language. Information about your device and internet connection, including your IP address, Browsing and search activity while using Verizon Media websites and apps. GameStop Stock Drops 81%, r/WallStreetBets Investors Face Major Losses: Now sitting below $100 USD after nearing $500 USD last week. When it returned, the moderators of the subreddit had a message about the Discord ban which you can read below: We’re suffering from success and our Discord was the first casualty. Save. 13. 203 votes, 48 comments. We blocked all bad words with a bot, which should be enough, but apparently if someone can say a bad word with weird unicode icelandic characters and someone can screenshot it you don’t get to hang out with your friends anymore. The subreddit was subsequently set to private. 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